is leveraging all of Canada's mining industry, lol!
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A valid question despite the reactions you have gotten, especially in light of the huge blunder made at the last hearing, in not allowing expanded discovery to go forward to force documents from the FDIC, that there's not a chance in hell they will give up voluntarily.
The PPS will of course suffer greatly in the short-term, but i'm assuming that WMI can appeal the decision, it will just take a lot more time. Mordicai or Ramirez can probably shed more light on the appealability of that particular decision. In any case, it's high time anyway that this all gets moved to Sleet's court, or it's going to take another ten years to get resolved.
Don't mind me Slater, I just found a whole bunch of what should have been private posts of mine and others, slathered all across a Spanish message board. So much for "private" boards. And somebody fed me a line of BS about why they couldn't accept Ramirez even though I was vouching for him, and then they let in 200 more people no one has heard of.
And I have some deep deep suspicions about what went on in the meeting the other day between Demon and Obumbler. So i'm out completely for now, and not even considering buying, until I see something positive from Walrath. She caved to the FDIC last hearing, i'm wondering if that wasn't a sign of things to come, hope not, but I wasn't born yesterday. If there was REAL justice to be had, Wamu would never have been stolen in the first place.
Another gap at .169 by the way.
Good luck, you're gonna need it.
That sure looked like a gap-fill to me just now, let's see, gap was at .209...and the low just now was?
Can you tell me some more about those fundamentals that trump what I said was going to happen and did?
GIGANTIC NSS position here by the way. MOASS waiting to happen, maybe several billion in phantom shares.
Article: Raymond J. Learsy
Posted: February 2, 2010 08:51 AM
Did the Huffington Post Bring J.P. Morgan Chase to Heel?
http://www.huffingtonpost.com/raymond-j-learsy/did-the-huffington-post-b_b_445629.html
As far as one could tell the financial press and its many commentators were absent. Yet on January 20 the Huffington Post printed on its web site "Our Banks Becoming Casinos While Washington Yawns". The post dealt with the advanced negotiations between JP Morgan and RBS Sempra a commodities trading firm active in oil, gas, agricultural commodities, base metals and on. It would have been a classic extension by a chartered bank (JPMorgan) using government protected deposits and myriad Fed programs including near zero cost money, to up the ante in plunging ever more deeply into casino like proprietary trading. The post questioned why our regulators were allowing it to happen.
The next day, coincidently, the yawning stopped. President Obama made known in a major policy pronouncement that henceforward it would become government policy to limit the risk taking of banks. JP Morgan was not mentioned by name, but the focus of the President's pronouncement was exactly aimed at such steps that JPMorgan was taking to expand its exposure to the proprietary trading field by taking over RBS Sempra.
Undeterred by the President's stance JPMorgan proceeded in its negotiations permitting Reuters to report on Monday January 25th that JP Morgan was about to close on the Sempra deal by paying $4 Billion to the Royal Bank of Scotland (European Regulators had forced RBS to divest itself of the Sempra trading subsidiary).
Early the next morning the following post was found on Huffington, "JP Morgan Chase Throws Down The Gauntlet at President Obama" citing JP Morgan's pending purchase of Sempra a "blatant disregard of President Obama's interdiction".
Later that day Jamie Dimon, CEO of JP Morgan Chase had lunch with President Obama, a meeting labeled as "ongoing dialogue with the business community" by White House spokesmen. Today, February 2nd the Wall Street Journal European edition carried the following article datelined London,
"J.P. Morgan changes its approach to Sempra".
The article went on to report, "J.P. Morgan Chase & Co. is withdrawing its interest in the North American operations of RBS Sempra Commodities... The decision resulted from new proposals by U.S. President Barack Obama that would force institutions to choose between commercial banking and proprietary trading".
The article went on to inform that JP Morgan would continue in talks to buy Sempra's metal business headquartered in London as well as its European oil, power and gas divisions. How clever. As though, the relevant government agencies and President Obama were born yesterday. As though, in this interconnected world, trading out of London was in essence at variance than executing trades out of Wall Street. That the money to which the bank had access through myriad US government programs wasn't fungible.
And by the way, where was the divsion headquartered whose trading in insurance/derivatives contracts did more than any other division to bring down all of AIG, but for the US Government's bailout? I'm sure you know the answer. London.
-------------------------------------------------------------
So was it a warning? Or a deal? Does Dimon usually do anything for nothing? What might he have gotten in return that's worth 4 billion?
I think an FOIA request of the minutes of that meeting are in order, and not ASAP, I mean now or very soon.
Second. Going to get ugly round here. JMHO.
Ignore it. Too much background noise here today. Your question was absolutely valid IMO.
And Erevno, can't PM, but agreed 110%, usually a sell signal to me, lol!
LOL! great post! But draw another horizontal on that chart at .21 and tell me what you see. Agreed on the trendline, have a buy order in now at .176.
Cool, that's all I really wanted, just knowing you were basing an observation on what you see on level 2, is enough for me. Again, sorry for singling you out, it was not you personally, just a lot of collective pumping on here, with no cautionary statements or disclaimers added.
GLTU as well.
I didn't say it was either, that's the point. Saying that the "shakeout" is over, doesn't help either without some facts to back it up, that's all i'm asking for. Nobody here who knows me or has checked my posting history, thinks i'm anything close to a basher. What I am, is pragmatic.
Not trying to pick on you my friend, but I would appreciate it, if all the people on this board who make comments like that, would back it up with even the teeniest tiniest iota of fact or even educated opinion, at least allude to some sort of thing that causes you to think this way.
Baseless pumping does more harm than good. And FYI, there's another gap at .169 to be filled. And we just got taken down on 3-4 million shares, what it took almost 40 million to gain.
~sigh~..I did listen Diamond, I listened to her deny at least temporarily, the power to subpoena documents from IMO the most guilty party in not only this case, but the ENTIRE financial meltdown, it was a rare opportunity to force transparency (which we should NOT have to resort to legal means to do), from an agency gone rogue and wildly out of control. The FDIC's previous actions, clearly show they will NOT voluntarily produce documents, an admission to me that they have much to hide.
She's had over a year to consider the SJ issue, and over 100 days since final arguments were made, and still no ruling.
My "DD" tells me this issue is pretty cut-and-dried, the entire transaction needs to be unwound, RICO charges need to be filed, people need to be removed from office and tried, and damages need to be collected. At this point, to me, anyone who thinks, acts, or rules differently, is complicit.
I'd feel more confident about that, if the "Great Judge" hadn't just caved to them last Friday.
And also feel a lot better about it, if ASAP= something less than 100 days and counting....
LOL! Actually I have, since I wrote the second half under the dotted line.
Yeah Penny, glass half-empty defeatist attitude again. CTKH has also made some stunning runs in the past, not everybody makes those mistakes you speak of, i've traded this multiple times in the past, and made money every time. Perhaps it's those people who keep making mistakes, that should stay away from this, and maybe ALL stocks.
If you can't run with the big dogs....
Kirsten Grind tweeted the link to Wamuqd's video too, wonder how far it can go overnight? Picking it up in Germany now I hear too.
http://twitter.com/KirstenGrind
Me too man! Great piece of work, it now shows up in the #1 place on a Google video search of "wamu", and in less than 24 hours, that's HOT!
http://video.google.com/videosearch?q=wamu&hl=en&emb=0&aq=f#
Wamuqd's video now up over 2000 views on youtube! Keep it rolling folks, spread that link love far and wide!
Bailout cop: TARP's not working
http://money.cnn.com/2010/01/31/news/companies/tarp_report/
NEW YORK (CNNMoney.com) -- The watchdog charged with monitoring the government's $700 billion bailout unleashed one of his harshest criticisms of the program to date, questioning its overall effectiveness.
In his latest quarterly report to Congress, special inspector general Neil Barofsky said that the Troubled Asset Relief Program, or TARP, has failed to boost bank lending as well as halt the spread of foreclosures -- two key aims of the sprawling program.
-------------------------------------------------------------------------------------
<rant>
Yeah, no s**t it's not working, the whole concept is BEYOND moronic, when will government finally realize, that 'trickle-down" economics, has NEVER worked, and never will? What possible good would giving bankers more money do? OF COURSE lending is down, who are they going to lend to? The unemployed? Give loans to those with no job/inadequate income?
The bankers, took the TARP money, paid just enough debt/bad loans off to stay afloat, and GAVE THEMSELVES THE REST.
This has either been an exercise demonstrating the complete and utter stupidity of people who are SUPPOSED to be "experts" in economics, or simply another conspiracy between government and big business, to steal more money from the American worker/taxpayer.
To contrast (and here is where the "experts" would claim I have no idea of the "complexities" of the economic sytem, the mantra of those who are made wealthy by the continuance of the status quo), "Trickle-up" economics, would actually WORK, to wit:
750 BILLION dollars in "bail-out" money, could have been used more productively. Giving a very modest salary of 25,000.00 a year, that much TARP money, would have paid a YEAR'S SALARY, to 30 MILLION PEOPLE. Read that again and let it sink in, 30 MILLION PEOPLE.
Many of them could have been employed in public works projects, repairing and replacing aging infrastructure in the U.S.
Much of it could have been used to pay the salaries of employess at small businesses, so that those companies could have delayed or even eliminated layoffs, perhaps it would have been just enough to get them over the hump of bad times.
Many of the foreclosures and abandonments, could have been staved off, and re-negotiated with perhaps better terms, had there been at least SOME income coming in for those homeowners.
And in short order, ALL that money would have gone back IN to the economy, as the people SPENT that money, on supporting themselves and their families, spurring even further solidity in the GDP, as opposed to simply adding to the hoard of DEAD money being piled up in off-shore accounts, by Dimon, Blankfein and all their ilk. That money, may NEVER "trickle-down", if it does, it will take DECADES, many dozens of them possibly, to do so. The collective wealth of the Rothschild family, estimated to be in the TRILLIONS of dollars, has been amassing for over 200 years, these guys make Smaug, look like a spendthrift. The world will never see the majority of that money back in circulation again, ever.
Obama bashing the bankers, is a bulls**t smokescreen, he and his crew made the decision to give it to them.
Bottom line: Offering "booty" to pirates, with the stated expectation of them using it to further the public good, is the act of an idiot, a madman, or what's MOST likely, another pirate.
</rant>
http://wallstreetpit.com/15844-john-cochrane-on-the-credit-crisis
John Cochrane on the Credit Crisis
By James D. Hamilton|Jan 31, 2010, 12:56 PM|Author's Website
University of Chicago Professor John Cochrane has an interesting analysis of the causes of the financial problems of the last few years.
Cochrane writes:
The signature event of this financial crisis was the “run,” “panic,” “flight to quality,” or whatever you choose to call it, that started in late September of 2008 and receded over the winter. Short-term credit dried up, including the normally straightforward repurchase agreement, inter-bank lending, and commercial paper markets. If that panic had not occurred, it is likely that any economic contraction following the housing bust would have been no worse than the mild 2001 recession that followed the dot-com bust….
Why was there a financial panic? There were two obvious precipitating events: the failure of Lehman Brothers investment bank in the context of the Bear Stearns, Fannie Mae, Freddie Mac and AIG bailouts; and the chaotic days in Washington surrounding the passage of legislation establishing the Troubled Asset Relief Program (TARP).
-------------------------------------------------------------------------------------
This opinion, shared by many, is correct, however, yet again, no mention is made of the singular event that occurred in late September, that started the panic. Sources closer and more knowledgeable of the events of that time, have pointed out that it was the seizure of Wamu, that precipitated the true beginning of the meltdown, even the normally clueless Tim Geithner, was said to be furious at Sheila Bair's actions on that day in September.
As the Professor pointed out, short-term credit, and interbank lending, ceased almost overnight, as a shocked banking community realized, that nothing was impossible, and the FDIC had turned from protector, to predator.
Sheila Bair in the months to come, would make multiple PSA's, lauding her agency's "protection of depositors", an outrage in of itself. Sheila Bair, almost single-handedly, destroyed 10's if not 100's of thousands of investors and shareholders. The result of her actions, also DIRECTLY caused the failure of many dozens of the banks that followed for the reasons stated above, SHE was the self-fulfilling prophecy that wiped out trillions in wealth in this country. The Dow lost more than a couple of THOUSAND extra points, that wouldn't have been lost, had she not began the the single most destructive "regulatory" act in American history.
Sheila Bair is the modern day equivalent, of the Mrs. O'Leary's Cow of legend, the only difference is, THAT cow, was not WILLFULLY ignorant and destructive.
It is high time this one was put out to pasture, and never allowed near a lantern again.
WaMu Shareholders Appointed an Equity Committee, Gain Representation in Bankruptcy Proceedings
An updated post of links to DD and Wamu info, have added links from recent events, EC info, links to audio from hearing of 1-28-10.
Feel free to use as you see fit, mods may add anywhere appropriate.
And any other board in any place, send to your representatives, to media, to the Congressional committee investigating the financial meltdown, wherever.
The truth shall set you free.
Dragynn
http://www.kccllc.net/wamu
Kurtzman Carson Link to Court Filings
http://www.my.calendars.net/wmi
Wamu calendar of court dates (*note: may need to refresh a couple of times, this link sometimes gives an error message)
http://twitter.com/WaMuUpdates
http://twitter.com/Was_Mutual
Twitter updates during court proceedings when possible
http://twitter.com/WaMuAudio
Links to audio dial-in during court proceedings, and archived audio from previous hearings
http://chap11.epiqsystems.com/clientdefault.aspx?pk=7e177733-2db7-46cf-92cb-30b1fea50bc5&l=1
Wamu Creditors' Committee site, some pertinent info and FAQ
http://investorshub.advfn.com/boards/board.aspx?board_id=11133
I-hub Wamu board, I-box has some useful info and links
http://en.wikipedia.org/wiki/Washington_Mutual Wikipedia Wamu page, info and 50 links to outside news
http://en.wikipedia.org/wiki/JPMorgan_Chase#Controversy Wamu on Wikipedia JPM page
http://www.nwprogressive.org/vault/legal/MAR09WaMuLawsuit.pdf
PDF of Wamu's lawsuit action against the FDIC
http://files.ots.treas.gov/730021.pdf
Office of Thrift Supervision (OTS) fact sheet on Wamu dated Sept. 25th 2008
http://www.fdic.gov/bank/individual/failed/wamu.html
FDIC's Wamu page
http://www.fdic.gov/news/news/press/2008/pr08085.html
FDIC press release
about Wamu seizure
http://www.fdic.gov/about/freedom/Washington_Mutual_P_and_A.pdf
Link to FDIC P & A of the Wamu sale
------------------------------------------------------------------------------------------------------
Judges In ongoing Wamu court actions
http://www.deb.uscourts.gov/Opinions/opinions_walrath.htm
Decisions of The Honorable Mary J. Walrath, Judge in Delaware bankruptcy court
http://law.widener.edu/Academics/Faculty/ProfilesDeAdj/SleetGregoryM.aspx
Profile of Judge Sleet
http://www.dcd.uscourts.gov/collyer-bio.html
Profile of Judge Collyer (D.C. suit vs. FDIC)
https://ecf.dcd.uscourts.gov/cgi-bin/Opinions.pl?2009
https://ecf.dcd.uscourts.gov/cgi-bin/Opinions.pl?2010
2009 and 2010 opinions/decisions page for the D.C. court, type "Collyer" in the search box to narrow results to just her court
------------------------------------------------------------------------------------------------------
Equity Committee (U.S. Trustee, see other links for the committee sites)
http://www.justice.gov/ust/r03/de/org_meetings.htm
Calendar showing date of Wamu meeting
http://www.justice.gov/ust/r03/docs/Washington_Mutual_Inc.pdf
Information sheet.
http://www.ghostofwamu.com/Audio/EC_Overview_and_Questions.mp3 {Overview / Q&A, etc...}
http://www.ghostofwamu.com/Audio/EC_Formation.mp3
Audio of EC formation meeting Jan. 11, 2009
http://www.ghostofwamu.com/documents/08-12229/08-12229-2130.pdf
U.S. Trustees order appointing the EC with members listed.
http://www.beneschlaw.com/
http://www.venable.com/
Counsel for the Equity Committee
http://www.venable.com/gregory-a-cross/
Profile of Gregory Cross, partner at Venable
http://www.beneschlaw.com/professionals/xprProfessionalDetailBFCA.aspx?xpST=ProfessionalDetail&professional=829
Profile of Bradford Sandler, partner at Benesch
http://www.viewip.net/WMI/Hearing/2010-01-28/
Complete audio archive of Delaware court hearing of 1-28-2010, Wamu EC approved!
Fish, I agree. I sent you a PM on the other board, I don't have a paid account here or I would have done so here. Check it when you have time and let me know what you think.
Dragynn
http://wallstreetpit.com/15844-john-cochrane-on-the-credit-crisis
John Cochrane on the Credit Crisis
By James D. Hamilton|Jan 31, 2010, 12:56 PM|Author's Website
University of Chicago Professor John Cochrane has an interesting analysis of the causes of the financial problems of the last few years.
Cochrane writes:
The signature event of this financial crisis was the “run,” “panic,” “flight to quality,” or whatever you choose to call it, that started in late September of 2008 and receded over the winter. Short-term credit dried up, including the normally straightforward repurchase agreement, inter-bank lending, and commercial paper markets. If that panic had not occurred, it is likely that any economic contraction following the housing bust would have been no worse than the mild 2001 recession that followed the dot-com bust….
Why was there a financial panic? There were two obvious precipitating events: the failure of Lehman Brothers investment bank in the context of the Bear Stearns, Fannie Mae, Freddie Mac and AIG bailouts; and the chaotic days in Washington surrounding the passage of legislation establishing the Troubled Asset Relief Program (TARP).
-------------------------------------------------------------------------------------
This opinion, shared by many, is correct, however, yet again, no mention is made of the singular event that occurred in late September, that started the panic. Sources closer and more knowledgeable of the events of that time, have pointed out that it was the seizure of Wamu, that precipitated the true beginning of the meltdown, even the normally clueless Tim Geithner, was said to be furious at Sheila Bair's actions on that day in September.
As the Professor pointed out, short-term credit, and interbank lending, ceased almost overnight, as a shocked banking community realized, that nothing was impossible, and the FDIC had turned from protector, to predator.
Sheila Bair in the months to come, would make multiple PSA's, lauding her agency's "protection of depositors", an outrage in of itself. Sheila Bair, almost single-handedly, destroyed 10's if not 100's of thousands of investors and shareholders. The result of her actions, also DIRECTLY caused the failure of many dozens of the banks that followed for the reasons stated above, SHE was the self-fulfilling prophecy that wiped out trillions in wealth in this country. The Dow lost more than a couple of THOUSAND extra points, that wouldn't have been lost, had she not began the the single most destructive "regulatory" act in American history.
Sheila Bair is the modern day equivalent, of the Mrs. O'Leary's Cow of legend, the only difference is, THAT cow, was not WILLFULLY ignorant and destructive.
It is high time this one was put out to pasture, and never allowed near a lantern again.
An updated post of links to DD and Wamu info, have added links from recent events, EC info, links to audio from hearing of 1-28-10.
Feel free to use as you see fit, mods may add anywhere appropriate.
Uzual, feel free to add/re-post to the Got Parlay board. And any other board in any place, send to your representatives, to media, to the Congressional committee investigating the financial meltdown, wherever.
The truth shall set you free.
Dragynn
http://www.kccllc.net/wamu
Kurtzman Carson Link to Court Filings
http://www.my.calendars.net/wmi
Wamu calendar of court dates (*note: may need to refresh a couple of times, this link sometimes gives an error message)
http://twitter.com/WaMuUpdates
http://twitter.com/Was_Mutual
Twitter updates during court proceedings when possible
http://twitter.com/WaMuAudio
Links to audio dial-in during court proceedings, and archived audio from previous hearings
http://chap11.epiqsystems.com/clientdefault.aspx?pk=7e177733-2db7-46cf-92cb-30b1fea50bc5&l=1
Wamu Creditors' Committee site, some pertinent info and FAQ
http://investorshub.advfn.com/boards/board.aspx?board_id=11133
I-hub Wamu board, I-box has some useful info and links
http://en.wikipedia.org/wiki/Washington_Mutual Wikipedia Wamu page, info and 50 links to outside news
http://en.wikipedia.org/wiki/JPMorgan_Chase#Controversy Wamu on Wikipedia JPM page
http://www.nwprogressive.org/vault/legal/MAR09WaMuLawsuit.pdf
PDF of Wamu's lawsuit action against the FDIC
http://files.ots.treas.gov/730021.pdf
Office of Thrift Supervision (OTS) fact sheet on Wamu dated Sept. 25th 2008
http://www.fdic.gov/bank/individual/failed/wamu.html
FDIC's Wamu page
http://www.fdic.gov/news/news/press/2008/pr08085.html
FDIC press release about Wamu seizure
http://www.fdic.gov/about/freedom/Washington_Mutual_P_and_A.pdf
Link to FDIC P & A of the Wamu sale
------------------------------------------------------------------------------------------------------
Judges In ongoing Wamu court actions
http://www.deb.uscourts.gov/Opinions/opinions_walrath.htm
Decisions of The Honorable Mary J. Walrath, Judge in Delaware bankruptcy court
http://law.widener.edu/Academics/Faculty/ProfilesDeAdj/SleetGregoryM.aspx
Profile of Judge Sleet
http://www.dcd.uscourts.gov/collyer-bio.html
Profile of Judge Collyer (D.C. suit vs. FDIC)
https://ecf.dcd.uscourts.gov/cgi-bin/Opinions.pl?2009
https://ecf.dcd.uscourts.gov/cgi-bin/Opinions.pl?2010
2009 and 2010 opinions/decisions page for the D.C. court, type "Collyer" in the search box to narrow results to just her court
------------------------------------------------------------------------------------------------------
Equity Committee (U.S. Trustee, see other links for the committee sites)
http://www.justice.gov/ust/r03/de/org_meetings.htm
Calendar showing date of Wamu meeting
http://www.justice.gov/ust/r03/docs/Washington_Mutual_Inc.pdf
Information sheet.
http://www.ghostofwamu.com/Audio/EC_Overview_and_Questions.mp3 {Overview / Q&A, etc...}
http://www.ghostofwamu.com/Audio/EC_Formation.mp3
Audio of EC formation meeting Jan. 11, 2009
http://www.ghostofwamu.com/documents/08-12229/08-12229-2130.pdf
U.S. Trustees order appointing the EC with members listed.
http://www.beneschlaw.com/
http://www.venable.com/
Counsel for the Equity Committee
http://www.venable.com/gregory-a-cross/
Profile of Gregory Cross, partner at Venable
http://www.beneschlaw.com/professionals/xprProfessionalDetailBFCA.aspx?xpST=ProfessionalDetail&professional=829
Profile of Bradford Sandler, partner at Benesch
http://www.viewip.net/WMI/Hearing/2010-01-28/
Complete audio archive of Delaware court hearing of 1-28-2010, Wamu EC approved!
Releasemas, I get your point, and it is a valid one, but I would point out, that to assume that the few posters on this board, are the only ones with knowledge and a multi-year history with this stock, is a fallacy.
And secondly, everything we do with regard to the market, is speculation, pure and simple. No one can see into the future, period, yet it is our trade is it not, to attempt to predict what WILL happen, and adjust our portfolios accordingly?
Well Penny, i'm reasonably sure you're a smart guy who could figure this out himself. When in doubt, the simplest answer is usually the correct one, so let's take off the tin foil hat and put down the village mob pitchfork for a second, and don our thinking caps instead, and see if Occam doesn't have an answer for us.
He's already made a couple of synergistic acquisitions in the last few years, in CASH, so obviously he doesn't have a problem with money flow, and he HASN'T R/S'ed or a done a RegD, so where does that leave us?
Ummmm...profitable maybe? Ever think of that?
Penny, why do you continue to allow Orangemean to be an ass. mod here? The juvenile and repetitive nature of his posts, doesn't reflect well on you, and tends to confirm other people's suspicions about your motivations here.
I don't think you absorbed what I just wrote.
You giving investment advice, is like Krusty the Clown giving a sermon, hilarious to watch, but ultimately useless.
You're right, no one cares.
"resistance", that's a hoot, you were telling people to sell in the .002's, had they done so, they would have missed a nice 100% gain.
We are somewhat underwhelmed at your "skills" with regard to stocks at the moment, perhaps you should stick to something you know, drooling over the soft-core on your own board.
YES! R/S! I think it's high time FH got off his butt, and listened to Penny's 1000's of posts over the last 10 years (last time one occurred)about how an R/S was imminent, and JUST DO IT!
(Even a broken electronic calendar, is right once every decade, you GO PENNY, DON'T LET UP!)
STMC-friggin MONSTAH!
MIKP .0017x.0018
Don't bet the bank on that Doc, IMO the opposite has just occurred.
GM $treet and all, just wanted to take a sec before the market opens, and give some well deserved appreciation for this board. I'm a fairly long time lurker, have only posted on here a couple of times, but I read it every day, and this board has consistently been the fastest, most profitable source of trading heads-up of any on the web, period.
So thanks to all of you, especially $treet, Gumsza, Monda and $oldier. You may not see me, but i'm out there, hittin the ask and spreading the word, doing my small part to add to the buying pressure.
GLTA today!
Dragynn
Really? I thought THIS board was about JPM stock, NOT Wamu as you have taken such pains to mention repeatedly, and now it seems to be YOU who has a bee in their bonnet, as you keep bringing up Wamu.
And my commentary, has EVERYTHING to do with JPM trading strategies, which is what this board is here for, and I think, that my posts/suggestions/strategies have thus far, been right on the mark, and quite profitable.
Can we get back on topic now?
Exactly what it was, almost everybody else has complied voluntarily. In the end, if it comes to it, FDIC will be forced to come clean, because JPM will throw them under the bus as a last resort to save their own @$$ from losing everything...i'm just counting the days until they turn on each other, this will get FUN at that point!
Are you kiddin' me brother? I'll still be drinkin' and celebrating at that time!! YEEEEEE-HAAAAAAWWWW!!! TEQUILA ANYBODY? Y'ALL GIT IN THE TRUCK, WE FIXIN' TO HAVE A KNOCKDOWN-DRAG-OUT-PIG-IN-THE-GROUND ALL NIGHTER HERE IN TEXAS!!!
Ooh, looky thar, Equity Committee just got approved by the court, looks like Snarke is wrong, but he ought to be used to that by now, god knows the rest of us are.